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     398  0 Kommentare AnalytixInsight Reports Third Quarter Record Revenues and First Company Profit

    TORONTO, ONTARIO--(Marketwired - Nov. 28, 2017) - Artificial Intelligence company, AnalytixInsight Inc. (the "Company" or "AnalytixInsight") (TSX VENTURE:ALY)(OTCQB:ATIXF) today reported record revenues and the Company's first operating profit for the third quarter ended September 30, 2017.

    2017 Third Quarter Financial Highlights:

    • The Company's revenue for the third quarter (excluding Marketwall) was the highest in the Company's history at $1,716,119, a six-fold increase compared with the same period in the previous year of $281,106, and a 77% increase over Q2 2017 revenues of $967,946.
    • The Company's revenue for the nine months ended September 30, 2017 was $3,018,483 compared to $778,193 for the same period in the previous year.
    • The Company achieved operating profit during the quarter, reporting net income of $320,607 compared to net loss of $(377,235) for the same period in the previous year.
    • Basic earnings per share for the third quarter was $0.01, compared to a loss of $(0.01) for the same period in the previous year.
    • Marketwall's revenue for the third quarter was $854,588, which compares to $452,281 during the same period in the previous year. AnalytixInsight owns 49% of Marketwall, which is considered an associated company as its financial results are not consolidated with the Company's financial results.
    • Marketwall's revenue for the nine months ended September 30, 2017 was $3,482,977 compared to $1,031,512 for the same period in the previous year.
    • Recently acquired Euclides Technologies Inc. ("Euclides") currently has an order backlog of approximately $3.5 million.
    • During the third quarter, the Company entered into content partnership agreements with Thomson Reuters and Africa Investor to distribute the Company's high quality financial research.
    • The Company continues to advance its recently announced Blockchain initiatives related to developments in its distributed ledger platform for CapitalCube and Marketwall.

    Selected Financial Information

    $ Canadian (unaudited) Three months ended
    September 30
    Nine months ended
    September 30
    2017 2016 2017 2016
    AnalytixInsight Revenue 1,716,119 281,106 3,018,483 778,193
    Marketwall Revenue (Associated company, 49% owned, non-consolidated) 854,588 452,281 3,482,977 1,031,512

    AnalytixInsight

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    AnalytixInsight Reports Third Quarter Record Revenues and First Company Profit TORONTO, ONTARIO--(Marketwired - Nov. 28, 2017) - Artificial Intelligence company, AnalytixInsight Inc. (the "Company" or "AnalytixInsight") (TSX VENTURE:ALY)(OTCQB:ATIXF) today reported record revenues and the Company's first operating profit for …